GBPUSD on the 4h chart reached our target as expected.
The price perfectly tested the monthly resistance with a spike and a new test of the area cam be seen in the next days.
We will monitor the price action around that price level and check of the price will continue the uptrend or align again to the short trend which is the major one on the bug timeframe.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
The price perfectly tested the monthly resistance with a spike and a new test of the area cam be seen in the next days.
We will monitor the price action around that price level and check of the price will continue the uptrend or align again to the short trend which is the major one on the bug timeframe.
------
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Comment:
looking for the test of the resistance